Phasing Out the GSEs
收藏NBER2015-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21626
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资源简介：
We develop a new model of the mortgage market where both borrowers and lenders can default. Risk tolerant savers act as intermediaries between risk averse depositors and impatient borrowers. The government plays a crucial role by providing both mortgage guarantees and deposit insurance. Underpriced
提供机构：
美国国家经济研究局
创建时间：
2015-10-01
